ZUG, Switzerland, Sept. 23, 2017 /PRNewswire/ -- Darico is an
exciting new concept quickly coming to life. The Switzerland based project is working towards
becoming the first digital currency to combine the benefits of
bitcoin's growth potential, security and peace of mind offered by
gold into a single cryptocurrency. The team, currently in the
process of creating an entire "Investment ecosystem" is soon going
to launch a crowdsale, offering an opportunity for people to
become part of the new financial revolution.
The cryptocurrency Darico stands for "Decentralized,
Asset-backed, Return-focused, Investment-grade Coin". The
cryptocurrency is backed by a unique combination of assets to
potentially eliminate the volatility, otherwise associated with
individual digital currencies like bitcoin and others. By doing so,
the virtual currency not only ensures the best interests of the
coin holders, but also attracts more people to adopt Darico, and in
turn digital currencies.
The multi-asset backed Darico is backed by a combination of gold
and bitcoin, alongside Ether which further diversifies the
reserves. Bitcoin and Gold reserves make up to 55% and 35%
respectively. Bitcoin's assured growth in value over time is
combined with the rock-solid price stability exhibited by gold. A
small percentage of Ether reserves ensures that Darico is
future-proofed, thanks to the growth potential of Ethereum protocol
as it gains wide-spread adoption in the decentralized blockchain
solutions segment.
The Founder & CEO of Darico, Mojtaba Asadian said,
"Investors are more sophisticated now. They're increasingly
looking to alternative ways to diversify their portfolios with an
aim to generate strong returns while reducing volatility, being
backed by physical and digital assets (or bitcoin and
gold). Darico can address their need."
The Darico project has received significant attention from the
cryptocurrency community since the team started working on it a few
months ago. The less than a year project will soon hold a
crowdsale, scheduled for Q4 2017. Exact dates for the token sale
will be announced soon.
The funds raised during the crowdsale will be utilized to
procure assets necessary for building the reserves. The platform
has set the maximum cap at 60 million coins for the crowdsale,
which can be bought against BTC or ETH payments. Any unsold tokens
following the crowdsale will be burnt to conserve the
cryptocurrency's value. Furthermore, an additional 180 million
coins (240 million in total) will be distributed in the next 18
years through auto-mining.
The participants in the upcoming crowdsale will be entitled to
the Darico Investors' Genesis Account, allowing them to benefit
from the Darico coins mined by them. Those interested in
participating in the crowdsale can find more information on
the Darico website.
Learn more about Darico
at – http://darico.io
Find Darico whitepaper
at – http://darico.io/Darico-Whitepaper.pdf
Follow Darico on Twitter
at – https://twitter.com/daricocoin
Find Darico on Facebook
at – https://www.facebook.com/Darico-1903067243290098
Media Contact
Contact Name: Solange Basseterre
Contact Email: solange@darico.io
Location: Zug, Switzerland
Darico is the source of this content. Virtual currency is not
legal tender, is not backed by the government, and accounts and
value balances are not subject to consumer protections. This press
release is for informational purposes only. The information does
not constitute investment advice or an offer to invest.
Related Links
Bitcoin PR Buzz
Darico
View original content with
multimedia:http://www.prnewswire.com/news-releases/darico-a-cryptocurrency-to-address-volatility-illiquidity-and-correlation-issues-plaguing-the-cryptocurrency-market-300524701.html
SOURCE Darico